M&T Bank Names Kevin Ellis as Vice President and Residential Mortgage Manager

M&T Bank has named Kevin Ellis as vice president and residential mortgage manager for its Central New Jersey markets of Union, Morris and Essex counties. Ellis, a longtime Union County resident, has worked in the resident mortgage industry for 24 years.

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Latest news about M&T Bank Corporation

M&t Bank Insider Sold Shares Worth $1,720,250, According to a Recent SEC Filing Sep. 05 MT
JPMorgan Upgrades M&T Bank to Overweight From Neutral, Adjusts Price Target to $215 From $183 Sep. 03 MT
Compass Point Adjusts Price Target on M&T Bank to $182 From $168, Maintains Buy Rating Aug. 22 MT
M&T Bank Keeps Quarterly Dividend at $1.35 a Share, Payable Sept. 30 to Shareholders of Record Sept. 3 Aug. 20 MT
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Wells Fargo Downgrades M&T Bank to Underweight From Equalweight, Adjusts Price Target to $165 From $170 Aug. 15 MT
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Tranche Update on M&T Bank Corporation's Equity Buyback Plan announced on July 19, 2022. Aug. 05 CI
Morgan Stanley Adjusts Price Target on M&T Bank to $220 From $195 Aug. 05 MT
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Piper Sandler Adjusts Price Target on M&T Bank to $190 From $164, Maintains Overweight Rating Jul. 22 MT
Argus Adjusts Price Target on M&T Bank to $187 From $158, Maintains Buy Rating Jul. 22 MT
JPMorgan Adjusts Price Target on M&T Bank to $183 From $180, Maintains Neutral Rating Jul. 22 MT
UBS Adjusts M&T Bank Price Target to $169 From $158, Maintains Neutral Rating Jul. 19 MT
Keefe Bruyette & Woods Raises M&T Bank Price Target to $180 From $170, Maintains Market Perform Rating Jul. 19 MT
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Company Profile

M&T Bank Corporation is a banking group organized around 7 business sectors: - retail banking (29.4% of net interest income): sales of standard and specialized banking products and services (leasing, factoring, insurance, etc.); - commercial banking (22.3%); - real estate assets management (16.8%); - business banking (13.6%); - finance and investment banking (12.6%); - mortgage banking (2.4%); - other (2.9%). At the end of 2021, the bank had USD 131.5 billion in current deposits and USD 93.1 billion in current loans.

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